Treasury Secretary Scott Bessent stated that individual investors have remained optimistic despite recent market fluctuations, attributing this confidence to President Trump’s tariff policies. This sentiment contrasts with institutional […]
Trump Advocates Tax Cuts in Michigan Speech
During a recent speech in Michigan, U.S. President Donald Trump focused on economic matters, particularly highlighting support for a proposed tax reform agreement intended to lower individual income […]
Trump’s Focus Shifts Away from Markets, Commerce Secretary Claims
Commerce Secretary Lutnik revealed in a recent statement, citing BlockBeats, that U.S. President Donald Trump’s current priorities do not include market-related activities.
CEOs Signal Potential Economic Impact from Tariffs: Concerns Mount as Implementation Nears
Several CEOs have expressed concerns about the anticipated economic impact of tariffs in the coming weeks, according to insights shared with investment banks, as reported by BlockBeats and […]
U.S. Core PCE Inflation Expected to Rise Slightly in March
Economist Nick Timiraos predicts a marginal increase in core PCE inflation, expected to reach 0.08% for March 2025. This slight rise comes despite an overall expectation of price […]
Trump’s Trade War Fears Recession: Experts Raise Concerns About US Economy
Trade tensions between the U.S. and China, ignited by former President Trump, pose a significant threat to the stability of the American economy. Economist Torsten Slok suggests that […]
Trump-China Trade War: Impact on U.S. Economic Stability Uncertain
Economic experts warn of a potential recession due to the ongoing trade dispute between the US and China. The conflict, fueled by tariffs exceeding 145% and disruptions in […]
Americans Turn to BNPL for Survival Amidst Economic Stress
The use of buy now, pay later (BNPL) loans is surging as Americans struggle with rising costs and economic uncertainty. A recent survey by LendingTree revealed that a […]
China Targets 5% Growth Despite Trade War Tensions
Despite ongoing trade tensions with the US, China remains committed to achieving its 5% growth target for 2025, according to Finance Minister Lan Fo’an. He announced that proactive […]
Economic Calendar: Key Events Next Week
Next week brings several significant economic releases, according to BlockBeats. Key events include:
U.S. Treasury Secretary to Address Congress in May
U.S. Treasury Secretary Janet Yellen will appear before a House of Representatives hearing on May 7th. This congressional event is expected to focus on key economic issues and […]
Switzerland Vulnerable to US Trade War Impact: SNB Chief
The escalating trade war between the US and the rest of the world poses a significant threat to Switzerland’s economy, according to Swiss National Bank (SNB) President Martin […]
Intel CEO Warns of Recession as Trade Tariffs Weigh Down Stock
Intel’s Chief Financial Officer, David Zinsner, has sounded the alarm over potential economic slowdown fueled by international trade tariffs imposed under former President Donald Trump. This follows a […]
California Surpasses Japan to Become World’s 4th Largest Economy
In a significant shift, California has become the world’s fourth-largest economy, overtaking Japan in size. The International Monetary Fund (IMF) and U.S. Bureau of Economic Analysis confirmed this […]
Majority of Americans Concerned About Economic Impact of Tariffs
A recent poll conducted by the Associated Press and the National Opinion Research Center reveals a widespread concern among Americans about the economic impact of US tariff policies. […]